Quorum : Ethereum-based distributed ledger protocol

In Simple words Quorum is an Ethereum-based distributed ledger protocol that supports transaction and contract privacy. The primary features of Quorum. Transaction and contract privacy Voting-based consensus mechanism Network/Peer permissions management Higher performance Apart from these feature Quorum includes one of the powerful feature that is support of  Private and Public Transactions. Private Transaction :-... Continue Reading →

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Blockchain + Digital Signature

A distributed register to store static records and/or dynamic transaction data without central coordination by using a consensus-based mechanism to check the validity of transactions. A blockchain is a distributed database that maintains a continuously growing list of data records that cannot be tampered. Blockchain is a public ledger of all transaction made with Bitcoin.... Continue Reading →

Introduction of Blockchain

“Blockchain is more than just ICT innovation, but facilitates new types of economic organization and governance. Suggests two approaches to economics of blockchain: innovation-centred and governance-centred. Argues that the governance approach—based in new institutional economics and public choice economics—is most promising, because it models blockchain as a new technology for creating spontaneous organizations, ie new... Continue Reading →

Insurance needs to wake up to blockchains!

In an interesting discussion that we were having with our banking client, their insurance department kept bragging about the state of the art technology that they were building. Head of Insurance was eager enough to call it InsurTech enabled and very sophisticated. However, surprisingly when I mentioned IoT and Blockchain and how it could impact... Continue Reading →

Quick example of a block in a blockchain

Further to our earlier post, which describes the data structure of a block in the blockchain, here is a quick example of what does the block look like   Relating it back to the post, it contains the Size, Version, Bits and Height in the chain as to where it belongs Number of transactions Merkle... Continue Reading →

BlockChain Internals: Data Storage

A BlockChain is a public ledger that create a digital ledger of transactions and share it among a distributed network of computers. BlockChain uses cryptography to allow each participant on the network to manipulate the ledger in a secure way without the need for a central authority. BlockChain is just an data structure i.e. how... Continue Reading →

Are we really eliminating central authorities with blockchain?

There is a lot of promise around blockchains. While we at DeepChains do subscribe to the philosophy and would be eager to provide business solutions to meet the industry needs but there has been a lot of double talk, it seems with blockchains. The premise of blockchain is the following No central registration – No... Continue Reading →

Introduction to MultiChain : BlockChains

MultiChain  is a platform that enable us to create and deploy private BlockChain that can be used either within a Organization or between Organizations.  MultiChain provides a simple API and command-line interface thats make it easy to maintain and deploy. The main aim of MultiChain is :- to ensure that visibility of BlockChain's activity must... Continue Reading →

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